111
110
Annual Financial Statements
4.6 Inventories
MYTILINEOS GROUP
(Amounts in thousands
€
)
31/12/2014
31/12/2013
Raw materials
59,729
46,677
Semi-finished products
907
687
Finished products
23,325
28,625
Work in Progress
31,029
35,973
Merchandise
1,610
595
Others
38,118
18,478
Total
154,719
131,033
(Less)Provisions for scrap, slow moving and/or destroyed inventories:
(2,432)
(2,609)
Total Stock
152,287
128,425
4.7 Other receivables
MYTILINEOS GROUP
MYTILINEOS S.A.
(Amounts in thousands
€
)
31/12/2014
31/12/2013
31/12/2014 31/12/2013
Other Debtors
43,594
45,294
48
106
Receivables from the State
59,787
54,088
1,962
12,071
Receivables from Subsidiaries
288
646
321
433
Loans given to Subsidiaries
255
-
-
-
Accrued income - Prepaid expenses
8,336
7,732
-
-
Prepaid expenses for construction contracts
(891)
-
-
-
Less: Provision for Bad Debts
-
(537)
-
-
Total
111,369
107,223
2,332
12,610
4.8 Financial assets & liabilities
The Group’s financial instruments consist mainly of deposits with banks, bank overdrafts, FX spot and forwards,
trade accounts receivable and payable, loans to and from subsidiaries, associates, joint ventures, investments in
bonds, dividends payable and lease obligations.
The financial instruments presented in the financial statements are categorized in the tables below:
MYTILINEOS GROUP
MYTILINEOS S.A.
2014
2013
2014
2013
(Amounts in thousands
€
)
Non current assets
-
-
-
-
Financial Assets Available for Sale
507
1,200
112
37
Other Long-term Receivables
79,069
38,728
173
165
Total
79,575
39,928
284
202
Current assets
-
-
-
-
Derivatives
555
-
-
-
Financial assets at fair value through profit or loss
3,080
1,598
581
431
Trade and other receivables
518,387
671,586
11,825
12,995
Cash and cash equivalents
313,428
181,770
786
3,443
Total
835,450
854,954
13,193
16,869
Non-Current Liabilities
-
-
-
-
Long-term debt
524,023
435,115
151,981
159,308
Derivatives
-
270
-
-
Other long-term liabilities
72,467
150,272
35,598
37,347
Total
596,489
585,657
187,579
196,655
Current Liabilities
-
-
-
-
Short-term debt
120,748
91,643
3,832
3,329
Current portion of non-current liabilities
42,090
164,668
9,167
-
Derivatives
4,949
1,293
-
-
Trade and other payables
522,853
501,317
140,669
126,390
Total
690,641
758,922
153,668
129,719
4.8.1 Financial Assets available for sale
MYTILINEOS GROUP
(Amounts in thousands
€
)
31/12/2014
31/12/2013
Total Opening
1,200
3,144
Sale Of Investment
(1)
-
Valuation Of Treasury Shares At Fair Value
-
(3,000)
Other Changes
(836)
1,057
Exchange Rate Differences
144
-
Closing Balance
507
1,200
